229 Almon AveTallapoosaGA30176
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Tallapoosa at 229 Almon Ave, Tallapoosa, GA, 30176 with 5% annual appreciation on a $329,900 basis while $2,671/mo rent supports operations. Total monthly income totals $2,671/mo and a $1,615/mo payment preserves $663/mo for cash returns. Annual cash flow comes to $7,954/yr on $109,362 deployed, and return on cash invested reaches 27.18% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,145 alongside rental yield of 9.72%. Five-year ROI measures 141.69% and total cumulative return in cash totals $154,959.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,671/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30176, Tallapoosa, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,247 (100%) |
| Owner Occupied HU | 2,063 (63.5%) |
| Renter Occupied HU | 893 (27.5%) |
| Vacant Housing Units | 291 ( 9.0%) |
| Median Home Value | $195,783 |
| Average Home Value | $232,024 |
Housing Distribution
Address Breakdown
Residential
2,847
Single Family
2,847
Multi-Family
0
Businesses
301
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angie Luttrell • Real South Realty, LLC
Mls Name: FMLS GA
Mls ID: #7697110